I've been a one man show this year and have not had the time to pursue the high returns i hit last year due to the work load.

Electric , gas, water would run $150 a month in this area and lawn care another $50 so even if I had an additional 300 monthly in cost I would come out ahead but would have case mangers to help manage the tenants.

When inflation hits people run to hard assets and farmland gets a double boost from inflation investors in the land and commodity price increases.

Those funds can be spent away or they can then be used to buy decent notes at a discount, which is where the real bucks are, I hit 24, 30 and 40+ (actually a few times in the hundreds after refinancing them) returns easily on discounted notes.

if not, i'd definitely plan on upgrading electric service..

The bank is taking a bigger hit so that an investor can skim some money off of the deal.

Yes your correct about getting hit with those capital gains taxes.

This is no real trick to it or any hit to the rate for it.

At some point our government at all levels is going to have to cut back, and I don't want to be hit too hard when it happens.

However, the tenants pay for their own electricity and they have their own meters for each unit.